Federal class action securities fraud filings continued at near record levels in the first half of this year, according to a new report from Cornerstone Research, “Securities Class Action Filings: 2018 Midyear Assessment.” Since midyear 2016, plaintiffs have filed more than 750 federal securities class actions, the most prolific 24-month period since enactment of the Private Securities Litigation Reform Act of 1995.

DDL was $157 billion, 162% higher than the historical average. MDL was $643 billion, more than double the historical average.

In the U.S., 4.6% of exchange-listed companies were the subject of core filings in the first half of the year. Core filings against S&P 500 firms in the first half of the year occurred at an annualized rate of 9.6%, the highest since 2002.